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Expired

20 Lake Street, Weymouth MA 02189

$890,000

Estimated $2,013/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $296,666.67

Total Rent: 72000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2856

Total Parking: 10 (2 Garage)

6,950 (0.16)

Developer's dream: multi family, multi-unit triplex, huge lot in a neighborhood with rapidly and consistently appreciating property values. Unlock the potential of this unique east Weymouth triplex. Whether you're looking to expand your multi family portfolio, execute a high value-add renovation or secure a long-term asset in a high demand rental market, this property offers the scale, location and upside investors seek. High rental demand property, being a 10 minute walk to the red line, 4 Minute walk to the bus routes with bustling nearby shopping and quality local restaurants.20-24 Lake Street represents an opportunity to create immediate and long-term value in one of the South Shore's most established neighborhoods.

This home has been viewed 26 times

Last Checked: September 14th, 2026 at 6:29am (Source: MLS PIN #73535940)

Gross Income: $72,000

Gross Expenses: $6,838

Net Income Calc: $65,162

Annual Expenses for 20 Lake Street, Weymouth MA 02189

Total Gross Expenses (Calculated)$6,838/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6838

Annual Income & Unit Breakdown for 20 Lake Street, Weymouth MA 02189

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit2

Rent Includes

General Information for 20 Lake Street, Weymouth MA 02189

Listing ID73535940

Property TypeMulti Family / 3 Family

Price890000 ($311.62/SqFt)

Style3 Family - 3 Units Side By Side

CityWeymouth

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2856

Approximate Lot Size (Acres)0.16

Total Parking10 (2 Garage)

Garage Parking2

Year Built1848

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR-1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 20 Lake Street, Weymouth MA 02189

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Tenant Possessions

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 20 Lake Street, Weymouth MA 02189

Real Estate Taxes6838

Tax Year2025

Assessed Value$677,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 20 Lake Street, Weymouth MA 02189

Neighborhood(s)

Area Amenities

Contact Information for 20 Lake Street, Weymouth MA 02189

Agent

Name: Douglas T. Babcock

Office

Name: Law Offices of Douglas T. Babcock

Phone: 617-571-5465

Team Members

Payment Calculator

, Interest

Property Taxes 569.83

Principal & Interest 5483.9

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Law Offices of Douglas T. Babcock

Douglas T. Babcock

Agent Phone

Office Phone

(617) 571-5465

Text Agent Call Agent Call Office

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EXIT

2 More Photos

Expired

20 Lake Street, Weymouth MA 02189

$890,000

Annual Expenses for 20 Lake Street, Weymouth MA 02189

Annual Income & Unit Breakdown for 20 Lake Street, Weymouth MA 02189

General Information for 20 Lake Street, Weymouth MA 02189

Disclosures for 20 Lake Street, Weymouth MA 02189

Financial Information for 20 Lake Street, Weymouth MA 02189

Location Information for 20 Lake Street, Weymouth MA 02189

Contact Information for 20 Lake Street, Weymouth MA 02189

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Law Offices of Douglas T. Babcock

Douglas T. Babcock